The Ponzi Scheme Puzzle: A History and Analysis of Con Artists and Victims
| Author | : | |
| Rating | : | 4.22 (603 Votes) |
| Asin | : | 0199926611 |
| Format Type | : | paperback |
| Number of Pages | : | 256 Pages |
| Publish Date | : | 2016-12-04 |
| Language | : | English |
DESCRIPTION:
How?In The Ponzi Scheme Puzzle, renowned legal scholar Tamar Frankel explores these con artists' fascinating power of persuasion and deception, uncovering the subtle signals that mimic truth and honesty. But his method of using new investments to pay existing investors and finance a highflying lifestyle is alive and well: just as much money is lost in the United States today from Ponzi schemes as from shoplifting. She shows how peoples' attitudes are ambivalent and uncertain toward con artists, perhaps because their behavior is so seemingly honest, because they act l
But more importantly, she highlights how and why such schemes so successfully defraud everyone from the novice investor to those considered financially sophisticated, all while providing a provocative analysis regarding how best to ensure that we do not become the next Ponzi scheme victim."--Lisa M. The book is a terrific read whether one is interested in human psychology or just wants to learn more about an irresistible, limited-time-only investment in 'gold-backed railroad bonds.'"--Allen Ferrell, Greenfield Professor of Securities Law, Harvard Law School"Clearly written with extensive documentation (30-plus pages of endnotes), this timely book with interest those concerned with behavioral finance and criminal psychology. Professor Frankel provides a captivating exploration of the characteristics of con artists who perpetrate Ponzi schemes along with the characteristics of those who fall victim to such schemes. Recommended"--
"Boring" according to kupchrBoring Boring, that is all it is.Written in true lawyer memo/brief form, the writer lays out the book in a manner which assumes you know absolutely nothing about ponzi schemes or their creators (or are a complete idiot). This format is wonderful for getting everyone on the same page in a law firm, but it is miserable to casually read a book written in this manner.. 6. Boring, that is all it is.Written in true lawyer memo/brief form, the writer lays out the book in a manner which assumes you know absolutely nothing about ponzi schemes or their creators (or are a complete idiot). This format is wonderful for getting everyone on the same page in a law firm, but it is miserable to casually read a book written in this manner.. "ADHD?" according to James Eickelberg. The author may have done her research, but she us unable to communicate the results. With the briefest of references to facts she skips from subject to subject so rapidly that she leaves the reader guessing how she could draw such sweeping conclusions from the scant background she chooses to reveal. I wish I had my money back.. good enough Luiz R. S. Candiota Good enough as an informative item, but with too many examples and too few profound analysis. A very good effort
Tamar Frankel is Professor of Law at Boston University School of Law. She is the author of Trust and Honesty: America's Business Culture at a Crossroad.